Insider Sale at Verisk Analytics (VRSK) Continues Selling Trend

Wednesday, December 13, 2017 10:15 PM ET

Insider Sale at Verisk Analytics (VRSK) Continues Selling Trend

A SEC filing today revealed a substantial insider sale of Verisk Analytics shares as — David B Wright, Director — disposed of 15,000 shares in the company having a market value of approximately $1,419,000. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 22,200 company shares and the sale of 70,420 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 63,220 shares and have averaged 26,905 shares per transaction over this time period.

Insiders at Verisk Analytics have a higher number of buy/sell trades than the 6-peer company average over the last 90-day period. The Technology Consulting & Outsourcing Services peer group saw 13 buy/sell trades during this period for an average of 2.2 transactions per company. The number of shares per buy/sell trade for Verisk Analytics insiders was also higher. Within the peer group there were 22,200 shares purchased and 137,672 shares sold with company insiders disposing of 8,882 shares on average.

Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data sourced in evaluating and writing this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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